Trend Analysis: Performs linear regression on short term (20 day), intermediate term (60 day) and long term (120 day) high and low analysis to determine if trend lines (rSquare>0.8) and channels exists. The slope is the daily gain (-loss) of the trend line.Alerts include existence of trend channels and recent break outs.
TrendTermSlopeTodays ValuerSquare
Tops Long -0.06 4.88 0.68
Bottoms Long -0.06 4.63 0.73
Tops Intermediate -0.06 6.08 0.94
Bottoms Intermediate 0 5.51 0.24
Tops Short 0 6.42 0.27
Bottoms Short 0 5.89 0.02
alerts